Financial Basics — Lesson 304

Where's My Allowance?

Students identify financial goals for the three categories: spend, save, and share.  Then they calculate how long it would take to reach these goals based on any allowance received. Students brainstorm additional ways to make money to reach their goals faster.

What Students Learn

  • The different ways kids get an allowance
  • What to do with your allowance:  Save, Share, Spend
  • The importance of discussing money as a family

Suggested Time

  • Preview and Episode Viewing: 45 minutes
  • Activity 1: 30-45 minutes

Lessons in Financial Basics

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Money Math – Who Needs It?

What Students Learn

  • Whether you need to calculate the tip, make change, or grow your savings, it’s all about the math in money.
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How to Achieve Your Financial Goals

What Students Learn

  • Learn how to track expenses, control spending, and invest what’s left over to reach your financial goal.
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Don’t Blow Your Dough

What Students Learn

  • Biz Kid$ beware! Put your money in a safe place and beware of scams, schemers, and identity theft.
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Budgeting Basics

What Students Learn

  • The first rule of money management: you can’t manage what you don’t know. Learn how to track expenses to build a better budget.
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Lesson

Are You Financially Literate

What Students Learn

  • Get financially empowered by learning how to set goals, create a budget, save, and manage money.
Lesson

Where’s My Allowance?

What Students Learn

  • What can you do with your allowance? Spend, save, share!
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Take it to the Bank

What Students Learn

  • Learn the difference between banks, credit unions and other financial institutions, and which one is right for you.